March31, 2009

Mr. Speaker, the Federal Government has gotten into the business of picking winners and losers in the automobile industry. The government has decided that GM is a winner and Chrysler is a loser unless Chrysler obeys the federal government and partners with Italian carmaker Fiat to begin producing Chrysler Fiat at automobiles. No telling what those cars will look like.

Since when, Mr. Speaker, did the federal government get the authority to fire CEOs of private companies and take over their businesses?

Well, the Feds did just that by taking control of GM and Chrysler. Now we should change the name of both companies to Government Motors.

If you like the way Uncle Sam runs government businesses like Fannie Mae, Freddie Mac, the Post Office, FEMA and the IRS, you will love the new Government Motors automobile.

The Federal Government is picking winners in the auto industry with taxpayer bailout money. We dont need any more bailouts. The government spends too much, borrows too much, taxes too much. The government needs to stop cutting deals with special interest groups and start cutting taxes for Americans.